Residential College | false |
Status | 已發表Published |
Chinese multinationals’ fast internationalization: Financial performance advantage in one region, disadvantage in another | |
Heechun Kim1; Jie Wu2; Douglas A. Schuler3; Robert E. Hoskisson3 | |
2020-11-09 | |
Source Publication | Journal of International Business Studies |
ABS Journal Level | 4* |
ISSN | 0047-2506 |
Volume | 51Issue:7Pages:1076-1106 |
Abstract | Our study reveals the financial performance implications of the speed at which Chinese multinational enterprises (CMNEs) expand into intra-regional versus inter-regional host countries. In doing so, we propose a framework that integrates internationalization speed and home regionalization literatures. Using data from 767 publicly listed CMNEs from the years 2002 to 2014, we discover that the faster the intra-regional internationalization, the better the firm’s financial performance, whereas faster inter-regional internationalization demonstrates a poorer financial performance. We also find that fast-mover CMNEs’ technological and marketing resources are valuable in intra-regional host countries, but vulnerable in inter-regional host countries. We discuss the implications of these findings for studies of the Uppsala internationalization process model and regional MNEs. |
Keyword | Internationalization Speed Fast-mover (Dis)Advantages Home Regionalization Financial Performance Chinese Multinational Enterprises |
DOI | 10.1057/s41267-019-00279-9 |
Indexed By | SSCI |
Language | 英語English |
WOS Research Area | Business & Economics |
WOS Subject | Business ; Management |
WOS ID | WOS:000495278900001 |
Publisher | Palgrave Macmillan Ltd. |
Scopus ID | 2-s2.0-85075188638 |
Fulltext Access | |
Citation statistics | |
Document Type | Journal article |
Collection | Faculty of Business Administration |
Corresponding Author | Heechun Kim |
Affiliation | 1.Haskayne School of Business, University of Calgary, SH 440, 2500 University Drive NW, Calgary, AB T2N 1N4, Canada 2.Faculty of Business Administration, University of Macau, Avenida da Universidade, Taipa, Macau 3.Jesse H. Jones Graduate School of Business, Rice University, 6100 Main Street, MS 531, Houston, TX 77005, USA |
Recommended Citation GB/T 7714 | Heechun Kim,Jie Wu,Douglas A. Schuler,et al. Chinese multinationals’ fast internationalization: Financial performance advantage in one region, disadvantage in another[J]. Journal of International Business Studies, 2020, 51(7), 1076-1106. |
APA | Heechun Kim., Jie Wu., Douglas A. Schuler., & Robert E. Hoskisson (2020). Chinese multinationals’ fast internationalization: Financial performance advantage in one region, disadvantage in another. Journal of International Business Studies, 51(7), 1076-1106. |
MLA | Heechun Kim,et al."Chinese multinationals’ fast internationalization: Financial performance advantage in one region, disadvantage in another".Journal of International Business Studies 51.7(2020):1076-1106. |
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